Solve the Problem. -Suppose a Charitable Organization Decides to Raise Money by Raffling

question 50

Multiple Choice

Solve the problem.
-Suppose a charitable organization decides to raise money by raffling a trip worth $500. If 3,000 Tickets are sold at $1.00 each, find the expected value of winning for a person who buys 1 ticket.

• A) -$0.81
• B) -$0.85
• C) -$0.83
• D) -$1.00

---

Definitions:

Chest Tube

A medical device used to remove air, fluid, or pus from the intrathoracic space to prevent or treat a collapsed lung or to drain fluid from around the lungs.

Water Seal Chamber

A component of a chest drainage system that prevents air from entering the pleural space while allowing air and fluids to exit, creating a one-way valve mechanism.

Chest X-ray

A diagnostic imaging test that uses a small amount of electromagnetic radiation to produce images of the structures inside the chest, including the heart, lungs, and bones.

Arterial Blood Gas

A test that measures the amounts of oxygen and carbon dioxide in the blood, as well as the acidity (pH) of the blood.